Friday, 28 June 2013
According to an article from Pokerfuse, the Ongame Network's previous owner, bwin.party digital entertainment, only held 31 percent of the money required to cover player deposits.
At the time Amaya Gaming Group took control of the Ongame Network in November, there was $15.7 million in funds owed to players but only $4.9 million in readily available cash.While this doesn't mean bwin.party was unable to cover the total amount, it does show how player funds weren't fully segregated.Indeed, while bwin.party was acting in full accordance with International Accounting Standards and the conditions of the Gibraltar Regulatory Authority, the news raises questions about the industry's ways of operating.Moving on from the old regime, players at Ongame Network-operated sites are being told that they can now rest assured that their funds are segregated.“Amaya operates as a single operating and reporting entity and guarantees the liabilities of all of its subsidiaries including those of Ongame,” said David Baazov, Chief Executive Officer for Amaya Gaming.
The Winter Poker Championship Seefeld 2017 is set to run from February 16 to February 26 and online poker players are being offered the chance to win a prize package into the Austrian tournament series’ main event for as little as $3.30.
Christmas is just around the corner and Juicy Stakes and Intertops Poker are getting into the holiday spirit by offering online poker players the chance to double one re-load deposit up to $100.
Juicy Stakes has announced the launch of a series of daily freeroll online poker tournaments that will award players with spots into special weekly games featuring prize pools of up to $300.
Four online poker players that won prize packages into the $2,400 main event of the PPC Aruba World Championship 2016 courtesy of Intertops Poker and Juicy Stakes are on their way to the Caribbean this weekend and will be joined by vlogger ‘TheTrooper97’.
Juicy Stakes and Intertops Poker.
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Just keep smiling...
By Adam Slutsky
Pushing the envelope for a new poker generation.
Jeff KImber on fish.
So says Dara O'Kearney.
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Dara O'K on bounty tournaments.
Rob Yong calls for competition.
A critical eye on the poker world.
Nick Wealthall on unconscious decision making.
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